Re: Buy the DIP, and HODL!

Actually this kind of temporary correction of Bitcoin is a common thing, the price of Bitcoin was at the highest level some time ago, and it is normal to expect a correction at the moment, but it will not last long, it will recover very soon.
Correction is a normal thing and buying at this time brings more profit potential. The more bitcoins an investor can buy during this correction, the more profitable he will be in the long run. Because it is proven that Bitcoin recovers strongly after every correction. So those who utilize this kind of opportunity, they can definitely benefit in the future.

This is one of the major thing that separate the rich and the poor, as Bitcoin has fell up to this point, the rich are only seeing opportunities, like buying more, while the poor are selling in panic, even when they all know that Bitcoin will still rally back.
In my own opinion, their is no point even getting worried because since am holding for a very long period of time, am quite confident that due to the huge potential of Bitcoin, it can go as high as a million dollar or more in like 10 years time from now or more, so their is no point getting worried by this dip, because it's no where near it peak price.

How did you know the poor investors are selling their bitcoin out of panic, or are you just assuming this because of the recent dip that happened a few days back, and you believe the poor investors will surely sell their bitcoin because they will lack money to solve their day-to-day problems? The people that you called poor have been investing in bitcoin for a long time, and they have also been holding their bitcoin for a long time, which means that they have seen worse dips than this one, and they kept holding their bitcoin to this time, and I believe this little dip that just happened would not make them sell their bitcoin out of panic. But I want you to know even if you are poor and you are investing in bitcoin with the money you will not need for 4-10 years or more or with the money you can afford to lose, there's no dip that would make you sell you bitcoin out of panic since you didn't use the money that is meant to solve you daily problems to invest in bitcoin.

Maybe they are just speculating base on financial capabilities of poor people and think about selling it when there's something scared them. But actually it doesn't comes to all and its better not to generalize everyone that they would do such decision.

Since for sure that there are less capable people their do their own research before investing on Bitcoin and can able to assess well the market condition. The only problem for poor people is they cannot acquire huge volume. But if they are consistent and could find good opportunities for sure that they would think about adding more money to spend so they can accumulate more Bitcoins and increase their portfolio. Getting panic and decide to sell is not all about because they are poor that attitude indicate that they have less knowledge on Bitcoin.